EPFO Link Aadhaar: If you have not yet linked your PF account with Aadhaar, then do it immediately, because after September 1, you may have to bear the loss.
EPFO Link Aadhaar: If you have not yet linked your PF account with Aadhaar, then do it immediately, because after September 1, you may have to bear the loss. According to the new rules of Employees’ Provident Fund Organization (EPFO), all EPFO account holders will have to link their UAN number with Aadhaar.
Company will not put money in PF account
It will be the responsibility of the employer to ask its employees to get their PF account verified with Aadhaar. Otherwise, his employer contribution coming to the PF account can also be stopped. Also, the account holder will not be able to withdraw his PF as well as other benefits will not be available. The deadline for linking Aadhaar with PF account was earlier June 1, 2021, which was extended to September 1, 2021.
Amendment made to section 142
The Ministry of Labor has implemented this new rule by amending section 142 of the Social Security Code 2020. Section 142 establishes the identity of any employee or unorganized worker or any person through Aadhaar number, from which he gets the services and benefits under the code.
What is the new rule?
EPFO has implemented new rules under section 142 of the Social Security Code 2020. In which the EPFO has clearly instructed the employers that from September 1, if any PF account is not linked with Aadhaar number or UAN is not Aadhaar verified, then its ECR-Electronic Challan cum Return is not can be filled.
7 lakh EDLI cover will not be available
This means that if you do not link PF UAN and Aadhaar number before September 1, then the contribution coming from the company in your account will be stopped. If you link your Aadhaar number with Universal Account Number (UAN) then only you will get the company’s share in your PF account. Employees will see only their own contribution in the account.
In such a situation, the Employee Deposit Linked Insurance (EDLI) of the employee will also not be able to be deposited. That employee will also not get the cover of the EDLI scheme. Let us tell you that in the midst of the Corona epidemic, the government has increased the amount of death insurance benefit under the EDLI scheme to Rs 7 lakh.
Earlier, on the death of the account holder, a minimum of Rs 2 lakh and a maximum of Rs 6 lakh was available, which has been increased by the government to a minimum of Rs 2.5 lakh and a maximum of Rs 7 lakh.
How to link EPF account with Aadhaar
Therefore, if you have not yet linked your PF account with Aadhaar, then by going to the official website of EPFO, first link your account with Aadhaar card and also verify your UAN with Aadhaar, so that PF contribution in your account as before without Keep coming up with an obstacle.
1. First of all you have to log on to EPFO website www.epfindia.gov.in .
2. After this, by going to Online Services, click on e-KYC Portal and then link UAN aadhar.
3. You have to upload your UAN number and mobile number registered with UAN account.
4. An OTP number will come on your mobile number.
5.Enter your 12 digit Aadhar number in the Aadhar box and submit it
6. Then Proceed to OTP verification will come, click on it
7. To verify Aadhar details again, link Aadhar with mobile number or OTP on mail will have to be generated.
8. After verification, your Aadhaar will be linked to your PF account.
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